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MCSPARRON v MCSPARRON Click to find out why . . .



Keywords & Phrases
CourtCode: AP, CourtName: NEW YORK COURT OF APPEALS, Plaintiff: MCSPARRON, State: NEW YORK, UniqueCaseRef: NE>AP>087_0275, License, Professional License, Marital Property, Distribution, Career, Equitable Distribution, Matrimonial Action, Licensee, Ad2d, Assets, Ny2d, Commencement, Domestic Relations Law, Earning, Practice, Appellant, Appellate Division, Medical License, Valuation, Supreme Court, Contention, Maintenance, Finocchio, Mcsparron, Respondent, Primary Question , ContentID: 120250841

Case Documents
1 1995-12-07 OPINION
[ see first page and extracted highlights below  ] ItemID: 124750
9 pages
HTML
Total Documents: 1 document , 9 pages
Price: $ 19.95


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1 . OPINION

EXTRACTED KEY WORDS
COURT
PROFESSIONAL LICENSE
MARITAL PROPERTY
DISTRIBUTION
LAW
CAREER
EQUITABLE DISTRIBUTION
MATRIMONIAL ACTION
LICENSEE
AD2D
ASSETS
NY2D
COMMENCEMENT
DOMESTIC RELATIONS LAW
EARNING
PRACTICE
APPELLANT
APPELLATE DIVISION
PLAINTIFF
MEDICAL LICENSE
VALUATION
SUPREME COURT
DEFENDANT
CONTENTION
MAINTENANCE
FINOCCHIO
MCSPARRON
RESPONDENT
PRIMARY QUESTION
  HEDY L. MCSPARRON, APPELLANT, v. JAMES G. MCSPARRON, RESPONDENT.

    87 N.Y.2d 275, 662 N.E.2d 745, 639 N.Y.S.2d 265
    December 7, 1995

   3 No. 260 (1995 NY Int. 279)
   Decided December 7, 1995
     _________________________________________________________________

   This opinion is uncorrected and subject to revision before publication
   in the New York Reports.

   Joel R. Brandes, for Appellant.
   Michael P. Friedman, for Respondent.

   TITONE, J.:

   In O'Brien v O'Brien (66 NY2d 576), this Court held that a
   professional license acquired two months before the commencement of
   the matrimonial action was marital property subject to equitable
   distribution under Domestic Relations Law § 236B. Since that decision,
   the courts of this State have struggled with the problems involved in
   distributing the value of older professional licenses that have been
   utilized in the development of their holders' careers. The primary
   question presented by this appeal is whether a license that has been
   exploited by the licensee to establish and maintain a career may be
   deemed to have "merged" with the career and thereby lost its character
   as a separate distributable asset.

   I.

   The parties were married in 1969. At the time of their marriage, both
   parties had undergraduate college degrees and neither possessed any
   appreciable assets. Defendant husband attended law school during the
   first three years of the marriage, gaining admission to the bar in
   1973. He thereafter practiced law and was earning an annual salary of
   $97,000 as a Deputy First Assistant Attorney General when the parties
   separated in mid- 1989.

   Plaintiff wife acquired a master's degree in psychology during the
   early years of her marriage. Over the next twelve to thirteen years,
   she worked as a school psychologist, taking time off occasionally to
   care for the couple's children or to attend graduate school. In 1984,
   plaintiff began attending medical school. She graduated in 1988 and,
   after completing a one-year internship, she received a license to
   practice medicine in July of 1989. Plaintiff commenced this
   matrimonial action on September 1, 1989, four months before the
   completion of her second internship.
SNIPPETS:
  • HEDY L. MCSPARRON, APPELLANT, v. JAMES G. MCSPARRON, RESPONDENT.
  • Joel R. Brandes, for Appellant.
  • Michael P. Friedman, for Respondent.
  • In O'Brien v O'Brien (66 NY2d 576), this Court held that a professional license acquired two
  • The primary question presented by this appeal is whether a license that has been exploited by
  • At the time of their marriage, both parties had undergraduate college degrees and neither
  • He thereafter practiced law and was earning an annual salary of $97,000 as a Deputy First
  • Plaintiff wife acquired a master's degree in psychology during the early years of her
  • Defendant was ordered to pay child support and weekly maintenance and the marital property
  • In determining the total value of the marital estate, the court included the value of each
  • On defendant's appeal, the court held that defendant's law license should not have been
  • Several of plaintiff's arguments regarding the distribution of marital property were
  • Based on these and other perceived problems in the divorce judgment, the Appellate Division
  • We note that, contrary to plaintiff's contentions, there is also record support for the
  • We reach a different conclusion, however, with respect to the Appellate Division's
  • Yet another variant of the merger rule was applied by the Fourth Department in Finocchio v
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